Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Angola - 2022
Contents:
- Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Angola (CIF) - 2022
- Imports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Angola
Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Angola (CIF) - 2022
In 2022, the average import price for iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses amounted to $778 per ton, waning by -6.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The pace of growth was the most pronounced in 2021 an increase of 55%. As a result, import price reached the peak level of $833 per ton, and then shrank in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Portugal ($1,111 per ton), while the price for South Africa ($684 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Angola
In 2022, imports of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses into Angola declined dramatically to 7.6K tons, shrinking by -38.5% on the previous year's figure. In general, imports continue to indicate a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 335% against the previous year.
In value terms, imports of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses dropped sharply to $6M in 2022. Overall, imports saw a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 573% against the previous year. As a result, imports reached the peak of $10M, and then shrank significantly in the following year.
| Import of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Angola (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.4 | 0.4 | 7.2 | 5.2 | 29.4% |
| Portugal | 0.4 | 0.2 | 0.9 | 0.3 | -9.1% |
| South Africa | N/A | N/A | 0.2 | 0.3 | 50.0% |
| Turkey | 2.1 | 0.2 | 2.0 | 0.2 | -54.3% |
| Russia | 2.7 | N/A | N/A | N/A | 0% |
| Malaysia | 0.3 | N/A | N/A | N/A | 0% |
| Iran | N/A | 0.7 | N/A | N/A | 0% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 8.0 | 1.5 | 10.4 | 6.0 | -9.1% |
Top Suppliers of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils to Angola in 2022:
- China (6.7K tons)
- South Africa (0.4K tons)
- Portugal (0.3K tons)
- Turkey (0.2K tons)
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